TNAG-1777-FCO40-2531-Public-transport-system-in-Hong-Kong-various-ordinances-1988 — Page 13

A244

Ord. No. 50/88

Section

TATE'S CAIRN TUNNEL

Page

PART X

DEFAULT AND EXPIRATION OF THE FRANCHISE

45.

45

Default

46.

Defaults capable of remedy

47.

Revocation of the franchise

48.

Effect of winding up of the Company, termination of franchise, etc.

49.

vesting in it of its assets

50.

Reimbursement of Company upon expiration of franchise

51.

Government not liable for Company's debts

52.

Meaning of "assets"

A260

A261

A261

A262

Liability of the Company and amount payable by the Government on the

1

A263

A263

A264

A264

PART XI

SUPPLEMENTARY

53.

Appeal by the Company

A264

54.

Non-derogation from Government's rights

A265

55.

Certificate as to moneys owing to the Government

A265

56.

Limitation of public liability

A265

57.

Director to give effect to the project agreement

A265

Schedule.

Tate's Cairn Tunnel Tolls

A265